Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?

To: Leroyt who wrote (3646)	6/23/1999 2:06:00 PM
From: Patricia Smith	Read Replies (1) \| Respond to of 5541

It is my understanding, from earlier posts on this thread, that MVEE plans to make movies to sell, rather than retain distribution rights. This is the way G&G operated. If this is true, MVEE and we won't gain anything directly from a blockbuster, except increased credibility. MVEE will have accepted a price before it becomes a hit. Someone please correct me if I"m wrong. Thanks, Pat

To: Leroyt who wrote (3646)	6/23/1999 2:14:00 PM
From: LegalBeast	Read Replies (1) \| Respond to of 5541

So what are you saying here? That MVEE is going to keep the film and distribute it thru some network in that business and not sell it instead? It seems to me that they have two ways to get it into the theaters 1) distribute it like Cannon did on many films or 2) sell it and let the new owner worry about getting it to the houses. Perhaps someone more knowledgable on this matter can shed some light here?

To: Leroyt who wrote (3646)	6/23/1999 6:16:00 PM
From: LegalBeast	Read Replies (1) \| Respond to of 5541

Well, what begs the question is when you said: <<<<< After the show, discussion in the tent, was stated that distibution in U.S. probably decided end of next week for distribution in the fall. Expects to be shown in a few major metropolitan areas (NY, LA, SF, Chicago) and if it goes well distribution may expand. I'd expect limited popular appeal but generally very good. >>>>> The question revolves around your use of distribution as opposed to sale, unless they need to do a limited distribution to prove the marketability prior to getting a sale. Might I suggest that before you talk to TC, that you have a very specific list of questions as opposed to mearly listening to what he chooses to tell you?

To: Leroyt who wrote (3646)	6/24/1999 2:35:00 PM
From: CrazyTrain	Read Replies (4) \| Respond to of 5541

NEWS: First Miracle Makes First-Look Deal With Jean-Claude Van Damme's Long Road Films; Van Damme Joins First Miracle's Board of Directors LOS ANGELES, Jun 24, 1999 (ENTERTAINMENT WIRE via COMTEX) -- FirstMiracle Group (OTC BB:MVEE) has entered into a three-year first-look development deal with Jean-Claude Van Damme's Long Road Films, it was announced Thursday by Tony Cataldo, chief executive officer. Van Damme will also join First Miracle's board of directors, effective immediately. Under the terms of the deal, First Miracle receives 50 percent of Long Road's interest in three completed Van Damme films and first right of refusal on the other projects currently in development at Long Road Films. The projects will be co-owned and co-produced by First Miracle and Long Road Films, with all worldwide revenues generated under the agreement to be shared on a 50/50 basis between the two entities. The completed films are: "Universal Soldier, The Return," the sequel to Van Damme's 1992 hit film "Universal Solider," which will be released by Sony Pictures in September; "Inferno," directed by Academy Award winner John G. Avildsen ("Rocky," "Rocky V" and "The Karate Kid 1-3"), which recently completed principle photography; and "Legionnaire," starring Van Damme as a professional boxer who joins the French Foreign Legion in order to escape the mob, which is currently available on video. "We are pleased to have this opportunity to work with Jean-Claude Van Damme, one of the world's best known and loved action heroes, on his upcoming projects, including the much anticipated sequel to 'Universal Soldier,'" said Cataldo. "First Miracle's mandate is to secure high profile scripts with top talent attached, so today's agreement with Long Road Films is representative of that effort. "We are also particularly excited by his decision to join our board of directors, which we view as a real vote of confidence in our business strategy and a great opportunity to increase the visibility of our management team." Added Van Damme: "I am delighted to have this opportunity to work in tandem with First Miracle's team and in particular with Tony, who I believe is building the studio of the future, a company that can provide an infrastructure to support the technology explosion happening all around us." First Miracle Group is an independent and diversified film company with a unique corporate structure based on strategic and exclusive alliances with high quality content producers, including Long Road Films and Emmett/Furla Films. First Miracle Group is a publicly traded company. Copyright (C) 1999 Business Wire. All rights reserved. -0- CONTACT: Rogers & Cowan Jeanne R. Berney, 310/210-8848 or Rubenstein Public Relations Clint Cantwell, 212/843-8051 WEB PAGE: businesswire.com GEOGRAPHY: CALIFORNIA INDUSTRY CODE: ENTERTAINMENT Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. * end of story *